Ep.132 – David Kershaw & Edmund Schuster on Purposeful Corporations

David Kershaw, dean and professor at the London School of Economics Law School, and Edmund Schuster, associate professor at the London School of Economics Law School, join the Business Scholarship Podcast to discuss their article The Purposive Transformation of Corporate Law. In this article Kershaw and Schuster frame the long-standing question of what is a corporation’s purpose in terms of aspirational mission-purpose. This frame, the authors argue, in turn requires either that shareholders be purposeful themselves or that corporate law insulate purpose from shareholders. This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Daniel Hamilton, a third-year student at Brooklyn Law School.